Jump to content



Photo

we either have a wave 1 of a new bull market or more backing and filling


  • Please log in to reply
6045 replies to this topic

#5611 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 22 April 2024 - 10:43 PM

anyone like FXI for an IT hold



#5612 dougie

dougie

    Member

  • Traders-Talk User
  • 9,064 posts

Posted 23 April 2024 - 12:00 AM

 

Buying SILJ this morning and other stuff. Silver IMO has the best count going, that wave "B" contracting triangle I mentioned several days ago simply extended and IMO we are now near the end of a wave "C" thrust down to end a correction. I really think this is a high confidence count but when addressing the markets its always a "best guess", as always DYODD

 

Senor

If you are right again on this call I will not be amazed but it feels like we need more down. Now, perhaps that more down comes after some real up to surpise everyone

 

silver volume was pathetic today



#5613 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,041 posts

Posted 23 April 2024 - 06:19 AM

GDX target area achieved

 

See if bulls can start to form a bottom here or not

 

If they DO...and we then get a long green one out of this area sometime in next few days, could be cleared for launch...

 

But much below 32, could start to invalidate that scenario....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5614 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,041 posts

Posted 23 April 2024 - 06:25 AM

Hourly doing its thing on BTC so far...that is is likely a pretty big pivot now...

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5615 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,041 posts

Posted 23 April 2024 - 06:28 AM

FTSE still flirting with ATH....how it ACTS over next few days could be pretty big on that one....

 

Bears need reversal and bulls just need flag action or better

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5616 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,041 posts

Posted 23 April 2024 - 06:31 AM

G/S might fall short of the hourly target....

 

Silver bulls need to reclaim 84 (85 would be good first step) and HOLD it now for possible launch mode....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5617 K Wave

K Wave

    Member

  • Traders-Talk User
  • 27,041 posts

Posted 23 April 2024 - 07:21 AM

Still no sign of life on PL PA...

 

Maybe later today they finally find some kind of bottom

 

but until PL back above 920....still following 2020 wipeout script


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5618 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 23 April 2024 - 07:34 AM

Socrates predicted a Panic Cycle for gold this April last spring.

 

 

Big bear flag breaking support...


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#5619 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 23 April 2024 - 07:41 AM

20 week ema correction in gold forecast by Ross Clark... https://files.slack....XA3L0/image.png


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#5620 Russ

Russ

    Member

  • Traders-Talk User
  • 7,199 posts

Posted 23 April 2024 - 07:43 AM

Gold Panic Cycle for April predicted by Socrates last spring. https://files.slack....4LTEU/image.png


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/